11/18/2010

Russian universities are seething after failing to win international recognition in a year when the country has been galvanized by Kremlin calls for modernization. So angry are they that some are calling for the creation of Russia's own university ranking system.

A jury on Wednesday acquitted nine former Yevroset employees on kidnapping charges in a surprise ruling that a lawyer for Yevgeny Chichvarkin, the company's self-exiled founder, touted as a reason to drop related charges against his client.

Nokia committed on Wednesday to open a research facility at the Skolkovo high-tech innovation center being set up outside of Moscow, with a memorandum of understanding signed in a ceremony at the Moskva-City business center.

The leaking of an official report suggesting $4 billion was stolen by Transneft insiders during the construction of a pipeline to the Chinese border was greeted Wednesday with the government offering congratulations to the state-controlled oil pipeline operator for completing the project.